Has AUDCHF found its bottom?

2019년 10월 9일It seems like AUDCHF has found its bottom at the psychological level of $1.6500 when buyers came in at this level and pushed price up to $1.6800. It seems like this pair loves its 00 as price is now dancing around 1.6700. Even though the trend on the long term TFs are down, I have already started to see a slight shift in trend on the H1 and H4 to the upside. Based on this reasoning, I've decided to take a counter trend approach. Here's what I'm going to do:

Long AUDCHF at the market: $1.6705
SL: Based on RR Ration
TP: Long Term TP at $1.73050

2019년 10월 9일

액티브 트레이드

I entered at the market.

2019년 10월 9일

코멘트

Like, comment, and follow to show your support. I follow back.

2019년 10월 23일

코멘트

Adjusted SL to $0.6745 just in case the tide turns to lock in profits. Risk free trade. I’ll continue to monitor the fundamentals.

2019년 11월 14일

거래청산: 스탑 닿음

My adjusted SL got hit after disappointing employment data out of Australia.